Keppel wins 20-year centralised cooling systems contract for Tengah BTO projects
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2024
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Should l Buy ?
Source: Yahoo Finance
Keppel's Contract Award: Keppel's infrastructure division has secured a 20-year contract from the Housing & Development Board (HDB) to design, build, and operate centralized cooling systems for three new BTO projects in Tengah, serving approximately 3,500 households.
Innovative Cooling Solutions: The cooling system will utilize chilled water from rooftop chillers, with features aimed at enhancing performance and sustainability, while being monitored remotely through Keppel’s Operations Nerve Centre.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
